Corporate Turnaround and Avoiding Pitfalls of Corp Failures

INTRODUCTION

Bad companies were once good companies before. They just became victim of the constant change in the Economic, Political and Technological forces. Just like change, BUSINESS TURBULENCE is here to stay. 80% of all startups succumb within their first 5 years. About 10% of the companies survive beyond decades. Only 2 out of 25 American companies operating in 1900 are still operating today. Success and Failure are only distance by time

COURSE OBJECTIVES

To equip participants on:

• How to identify the deadly signs and killers
• How to read signs and symptoms
• Identify the stage in which the companies are in now
• How to develop a turnaround management and the different types of turnaround management

TARGET AUDIENCE

Entrepreneurs,  senior managers, managers and executives of all management areas.

LEARNING OUTCOME

- Identified causes and defects that leads to a corporate failure.
- Identified signs and symptoms of failing companies
- Develop and implement a turnaround plan
- Skills to minimized such future failures
- Equip with knowledge and skill to maintain a healthy position of their organization.

COURSE OUTLINE

1.  Introduction
a .Key word on why companies fail.
b .Patterns of corporate failure
c. Key stages that a fail company goes through
d. Macro view of the defects and mistakes
       
2.  Major internal & external causes of company failure
a. Killer signs to be aware
b. Source of getting those killer signs.

3. Trend & Symptoms of failing company
a. Internal operational Signs and Symptoms
b. Financial Signs and Symptoms
c. External future trend and symptoms
d. Leaders vision and mission
e. Taking Charge Attitude
f. Entrepreneur Skills

4. Do a corporate turnaround
a. Different turnaround methods
b. Turnaround metaphor
c. Turnaround objectives and strategies
d. Feasibility Analysis

5. Designing your turnaround
a. Evaluate, mitigate, stabilized, re-organized and rejuvenate.
b. Business Process Analysis and Management
c. The concept of:

i.Survivor instinct
ii.Cash is king & ways to find quick cash
iii.Cash cost and total cost ownership
iv.SOS – White knight

6. Magnetic Resonance Imaging your business and Execute your turnarounds.
a. Shape your tomorrows by extending your PEST analysis
b. Jumpstart your crew and customers to make your money machine.
c. Cross functional management
d. Tackling your finance – loans, creditors, other owing and second chance financing with back up plans
e. Dump-buyback, orchestrate and fad out

7. Build your fortress
a. Mindset

i.Take charge, ownership & responsibilities
ii.Failure as success

i.Creativity and Innovation – why and how?
ii.Organization Development
iii.Leadership, People, Management, Strategies & Planning
iv.Sales & Marketing
v.Financial management
vi.Operation and Business Process/Systems Development.

TRAINER

Tan Kok Tee, is  a Fellow member of the Association of International Accountants, UK (one of the 5 professional accountancy bodies in UK and EEC qualified to be external auditors for PLCs). He also holds an MBA – Finance, from the Charles Sturt University, (CSU) Australia.

His other professional memberships included being a member of the Malaysian Association of Company Secretaries, a body prescribed under the Malaysian Company’s Act to practice as Company Secretary.

Kok Tee has a total of more than 35 years of working experience, of which 25 years were at senior management level, in commercial enterprises of different sizes and industries such as manufacturing, marketing and distribution, construction and quarrying, and services industries.   During the course of his work, he has acquired invaluable experience and knowledge in the area of Accounts & Finance, Risk and Control, Business Administration, Management Principle and Practice, Business Process Management and improvement, Annual Strategic Planning and Management, Working Capital Management,  Debt Collection Technique, Stock Management, Cost Saving Programs and Customers Service Management.

The sharing of his more than 25 years of knowledge, skill and real life practical experience gained at senior management level through his workshops, In-House Training/Facilitating and Consulting will benefit many managers in the above mentioned areas. 

Kok Tee is also a member of the Malaysian Association of Professional Speakers, a qualified HRDF (Ministry of Human Resource, Malaysia) trainer (certificate ref: TTT 1983), an In-House trainer/facilitator for 3½ years and an ad hoc lecturer/facilitator for IGS/CSU MBA-Finance program for 10 months and also lecturer for GSU for Managerial Accounting, Business Management and Strategic Management.

DURATION: 2  DAYS

COURSE FEE: S$630.00 ( inclusive of lunch & teabreaks)

EARLY BIRD RATE: S$570 (register at least  10 days  before class date)

For in-house or any enquiries, please call +(65)  65422041 / 96930601 or email info@ovation-marketing.com 

 REGISTRATION METHOD : via Online Form below or   <CLICK HERE> to download registration form via email. 

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